Politics may trump price as LSE weighs late Hong Kong bid

The last few months have brought two key developments that make it much less likely HKEX will succeed in its bid for the iconic UK exchange group

HKEX chief executive Charles Li
Getty Images

By

David Wighton

September 11, 2019 3:20 pm GMT

Amid all the hyperbole about its “highly compelling” proposal to buy London Stock Exchange Group for more than £30bn, Hong Kong Exchanges and Clearing’s chief executive Charles Li did concede that the move had come “slightly late”.

That is a British-style understatement.

In the last few months there have been two key developments that make...